Vitro challenges injunction in U.S. Circuit Court of Appeals

Vitro SAB de CV has asked the U.S. Circuit Court of Appeals in New Orleans to set aside an injunction that could affect the company's bankruptcy reorganization plan in Mexico, according to a Jan. 3 article from Bloomberg News. Setting aside the appeals court's temporary stay will prevent bondholders from holding a state court hearing Jan. 6 to ask a New York judge to continue and expand an injunction telling Vitro subsidiaries to block the parent from completing the Mexican bankruptcy reorganization, according to the article.

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